Instead of going to that purpose, they are going to stock buybacks, and foreigners own a 35-percent share of the value of U.S. corporate stocks, so they are getting a lot of that.
Chris Van Hollen: “Instead of going to that purpose, they are going to stock buybacks, and foreigners own a 35-percent share of the value…”
Editor's note · Context
He critiques the allocation of funds from tax cuts, highlighting foreign ownership of U.S. stocks.
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